With the benefit of hindsight, we know that 2020 was about shifting and adapting new uses of technology to survive. But 2021 saw tech applied more as a creative springboard to help return to a path of growth.
In October, Gartner research suggested we are seeing the highest growth rate for IT budgets of the past decade – projected to be 2% higher than 2020 levels. (The analysis is based on a survey of nearly 2,400 global CIOs and technology executives across various industries.) Rese found that almost three quarters of UK businesses (72%) increased their overall investment in tech tools by an average of £1.48 million in 2020.